That was a nail biter this morning for the March trades. So much for staying in a range for a few days. I made adjustments to both the March trades after my “do not trade before 10:30” rule which worked out well. On the March 55 day, I rolled the call spreads back to 810 and the put spreads back to 770. I also narrowed the wings down to 40 points to take capital out of the trade. On the Method 15 trade, I rolled back the 750/800 put spread to 730/780. Both trades are still doing OK and IF the market is calm for 2 days might actually be able to hit profit targets. But in reality, I’m not over concerned about the profit targets right now, I’m just looking for an opportune time to exit at a decent profit. The April trade is unchanged.
I’ll work on some pictures of the positions tomorrow.